3D Printed Surgical Models Market Size Worth $1.1 Billion By 2026: Grand View Research, Inc.
SAN FRANCISCO, Jan. 8, 2020 /PRNewswire/ -- The global 3D printed surgical models market size is expected to reach USD 1.1 billion by 2026, expanding at a CAGR of 10.3%, according to a new report by Grand View Research, Inc. Improving diagnosis as well as the context of the patient's pathology is driving the market. Increasing use of advanced healthcare technologies for better understanding of patients and minimization of risk during the actual surgical procedure is boosting the demand for 3D printed surgical models.
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The introduction of synthetic modeling of human anatomy has made a significant leap forward. The 3D printed surgical models allow preadoption of surgical instruments by improving the 3D perception of the planned operation. The technology also enables surgeons to envision, practice, and then perform the actual surgery for saving time and increasing precision. These models can also be used to perform mock surgeries, thereby improving the prediction of the outcomes.
Key suggestions from the report:
-- The orthopedic surgery segment accounted for highest revenue in 2018 as
the 3D models can assist in pre-operative planning by defining the
geometry of bone loss, tumor mass, and nearby vessels to determine the
most appropriate osteotomy site along with most appropriate prosthesis
-- The neurosurgery segment is anticipated to witness the fastest CAGR of
11.3% over the forecast period. This is due to increase in the use of 3D
models to describe complex anatomical structures to patients
-- North America held the largest share accounting for 35.3% of the global
market share in 2018. This is attributed to the U.S. offering the most
sophisticated healthcare infrastructure comprising multispecialty
hospitals and clinics, thereby increasing the demand
-- Some of the players operating in the market are Stratasys, Ltd.; 3D
Systems, Inc.; Lazarus 3D, LLC; Osteo3d; Axial3D; Onkos Surgical;
Formlabs, Materialise NV; 3D LifePrints UK Ltd.; and WhiteClouds.
Read 110 page research report with ToC on "3D Printed Surgical Models Market Size, Share & Trends Analysis Report By Specialty (Cardiac Surgery/ Interventional Cardiology, Gastroenterology Endoscopy of Esophageal), By Region, And Segment Forecasts, 2019 - 2026" at: https://www.grandviewresearch.com/industry-analysis/3d-printed-surgical-models-market
Advanced medical models are anatomically accurate, highly functional, and biomechanically realistic and are liberated from the cost and inconvenience to the animal as well as cadaver labs. They are perfect for simulating clinical procedures such as suturing, cutting, reaming, drilling, and even device placement. Some of the most advanced three-dimensional structures can even mimic bleeding, coming as close as possible to reality, which would enhance the efficiency and accuracy of surgical procedures.
The 3D printed anatomical models can help in numerous aspects, including educating young surgeons about tactile and three-dimensional inspection of the tissues. They are also used to help patients prepare for surgery.
Grand View Research has segmented the global 3D printed surgical models market based on specialty and region:
-- 3D Printed Surgical Models Specialty Outlook (Revenue, USD Million, 2015
- 2026)
-- Cardiac Surgery/ Interventional Cardiology
-- Annuloplasty (mitral valve repair)
-- Repair Coronary Aneurysm
-- Replacement of Aortic Valve
-- Stent Insertion
-- Repair Congenital Heart Defects
-- Gastroenterology Endoscopy of Esophageal
-- Endoscopy of Esophageal Lesion
-- Splenectomy
-- Neurosurgery
-- Repair Aneurysm
-- Transsphenoidal Excision of Pituitary Gland
-- Remove Brain Tumor
-- Orthopedic Surgery
-- Repair Scoliosis
-- Repair Clavicle Fracture
-- Hip Repair
-- Repair Intervertebral Disc
-- Hip Replacement Revision
-- Repair Leg Fracture
-- Osteotomy
-- Reconstructive Surgery
-- Facial Reconstruction
-- Hand Reconstruction
-- Breast Reconstruction
-- Mastoidectomy
-- Cleft Palate Correction
-- Surgical Oncology
-- Removal of Adrenal Tumor
-- Removal of Liver Tumor
-- Endoscopic Removal of Cardiac Lesion
-- Thoracic Removal of Lung Tumor
-- Removal of Renal Tumor
-- Transplant Surgery
-- Cardiac Surgery/ Interventional Cardiology
-- Heart Transplant
-- Liver Transplant
-- Lung Transplant
-- Kidney Transplant
-- 3D Printed Surgical Models Regional Outlook (Revenue, USD Million, 2015
- 2026)
-- North America
-- U.S.
-- Canada
-- Europe
-- U.K.
-- Germany
-- France
-- Italy
-- Spain
-- Asia Pacific
-- China
-- Japan
-- India
-- Australia
-- South Korea
-- Latin America
-- Brazil
-- Mexico
-- Argentina
-- Middle East & Africa
-- South Africa
-- Saudi Arabia
-- UAE
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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SOURCE Grand View Research, Inc.
